Insider Selling: Alvopetro Energy Ltd. (CVE:ALV) Director Sells C$59,130.00 in Stock

Alvopetro Energy Ltd. (CVE:ALVGet Free Report) Director Corey Christopher Ruttan sold 9,000 shares of the business’s stock in a transaction that occurred on Friday, June 27th. The shares were sold at an average price of C$6.57, for a total value of C$59,130.00.

Corey Christopher Ruttan also recently made the following trade(s):

  • On Thursday, June 26th, Corey Christopher Ruttan sold 2,000 shares of Alvopetro Energy stock. The stock was sold at an average price of C$6.57, for a total transaction of C$13,140.00.
  • On Friday, June 20th, Corey Christopher Ruttan sold 400 shares of Alvopetro Energy stock. The stock was sold at an average price of C$7.00, for a total transaction of C$2,800.00.

Alvopetro Energy Trading Down 3.4%

Shares of Alvopetro Energy stock opened at C$6.04 on Thursday. The company’s fifty day moving average is C$5.93 and its two-hundred day moving average is C$5.29. The company has a debt-to-equity ratio of 9.27, a quick ratio of 1.95 and a current ratio of 2.10. The company has a market capitalization of C$153.06 million, a P/E ratio of 11.18 and a beta of 0.59. Alvopetro Energy Ltd. has a 1 year low of C$4.24 and a 1 year high of C$7.49.

Alvopetro Energy Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 15th. Stockholders of record on Monday, June 30th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 6.62%. Alvopetro Energy’s dividend payout ratio (DPR) is presently 90.68%.

Alvopetro Energy Company Profile

(Get Free Report)

Alvopetro Energy Ltd. operates as an independent upstream and midstream operator. It engages in the acquisition, exploration, development, and production of hydrocarbons. The company holds interests in the Caburé and Murucututu natural gas assets, Block 182 and 183 exploration assets, and Bom Lugar and Mãe-da-lua oil fields, which covers an area of approximately 22,166 acres in the Recôncavo basin onshore Brazil.

See Also

Insider Buying and Selling by Quarter for Alvopetro Energy (CVE:ALV)

Receive News & Ratings for Alvopetro Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alvopetro Energy and related companies with MarketBeat.com's FREE daily email newsletter.